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Nifty Outlook for the day


Nifty is caught up right in between the area of congestion for the sixth consecutive day. Few days more within this range and Nifty will break out of the range for more directional move. For the time being the range bound movement between 5350~5550 should hold. Positional traders can hold short which we have build @ 5900 with SL @ 5550 and Intraday traders can follow our daily sms for jobbing.

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Dear friend, After a span of 4 years in minting money and establishing Pentad and Dalal Times, it's time for me to back with sharing knowledge. Earlier, I have been sharing my analysis on Nifty thrice a day, now I will be sharing my analysis on Nifty, Global Indices, Stocks, Commodities, Economy, Key Events and so on. Over the past 4 years, apart from creating wealth from markets, I have also been consistently upgrading my knowledge on analyzing the markets. Starting 17th August, 2015 this blog would be active with enhanced knowledge sharing. Stay tuned to earn, learn and understand markets better... your market friend & forecaster Praveen Pathiyil